

Jeanna Smialek
Posts

Whiskey Offers Window Into the Pain of a Trade War
Liquor is leverage as the world careens toward another trade dispute. European tariffs on American whiskey snap back after March 31 unless an extension is...

Whiskey Offers Window Into the Pain of a Trade War
Liquor is leverage as the world careens toward another trade dispute. European tariffs on American whiskey snap back after March 31 unless an extension is...

Europe’s Trump Playbook: Offer Carrots but Warn That You Have a Big Stick
The European Union’s so-called Trump task force spent 2024 preparing for a possible trade dispute. Specifics are secret, but guiding principles are becoming clear.

Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.

PCE Inflation, the Fed’s Preferred Measure, Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.

The Fed is making its final rate decision of the year.
Federal Reserve officials are widely expected to cut interest rates, but investors will focus on hints about what comes next.

How to Read the Fed’s ‘Dot Plot’ Projections Like a Pro
The Federal Reserve will release fresh economic estimates on Wednesday. Here’s how to read the outlook for 2025 and beyond.

What to Watch as the Fed Makes Its Final 2024 Rate Decision
Federal Reserve officials are widely expected to cut interest rates, but investors will focus on hints about what comes next.

Jerome Powell and the Fed Head for Another Collision with Trump
Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to...

What to know about the report.
Inflation has been cooling notably after peaking in 2022, but in recent months it has shown signs of stalling.